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AT&T agrees to acquire Interwise for $121 million

October 1, 2007 By Minic Rivera

att.jpgAT&T Inc. agreed to acquire Interwise, a provider of voice, web and video conferencing services to businesses. AT&T will pay approximately $121 million in cash for the company.

The transaction is expected to align Interwise’s innovative IP-based conferencing and collaboration solution with AT&T’s enterprise networking, communications and collaboration services, global MPLS-based IP network and its industry-leading conferencing portfolio of services.

Filed Under: Acquisition, AT&T, Video, Web

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